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Registered Number: 13664896
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 October 2024

for

CHURROS & CHORIZO LTD

CHURROS & CHORIZO LTD
Statement of Financial Position
As at 31 October 2024
 
 		  
£		 2024
£		    
£		 2023
£
Fixed assets 49,847  63,583 
Current assets 50,609  16,260 
Creditors: amount falling due within one year (133,990) (93,548)
Net current assets/(liabilities) (83,381) (77,288)
Total assets less current liabilities (33,534) (13,705)
Net assets/(liabilities) (33,534) (13,705)
 
Capital and reserves (33,534) (13,705)
 
  1. For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Nicholas Brewer
Director

Date approved: 29 October 2025
1
CHURROS & CHORIZO LTD
Notes to the Accounts
For the year ended 31 October 2024
Statutory Information
CHURROS & CHORIZO LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 13664896, registration address Sir George Morse Park, Laundry Lane, Norwich, NR7 0XQ, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery30% Reducing Balance
Motor Vehicles20% Reducing Balance
2.

Tangible fixed assets

Cost or Valuation   Plant and Machinery   Motor Vehicles   Total
    £   £   £
At 01 November 2023   20,800    66,739    87,539 
Additions   -    -    - 
At 31 October 2024   20,800    66,739    87,539 
Depreciation
At 01 November 2023   10,608    13,348    23,956 
Charge for year   3,058    10,678    13,736 
At 31 October 2024   13,666    24,026    37,692 
Net book values
Closing balance as at 31 October 2024   7,134    42,713    49,847 
Opening balance as at 01 November 2023   10,192    53,391    63,583 

3.

Average number of employees

Average number of employees during the year were 2 (2023: 2).
2